Vancouver Ranked 3rd in Livable Cities Study
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08-22-2012, 08:59 PM
Kassian = P.A.G.A.N
Join Date: Apr 2010
Originally Posted by
You mean those 0% 40year mortgages (LOL) that the BoC allowed into effect in 2003 and decided to eliminate just a few months ago?
We have some dodgy mortgages on the books, especially in Vancouver where average household income is $70k.
Good old cash back mortgages to.
In top of this we have record high personal debt levels. People have been financing their lifestyles through things like home equity loans.
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